Roulette – Betting Ideas
Outside vs. Inside bets
A straight bet obviously has more risk and offers more reward per spin than an even money bet, but believe it or not, in the long run both bets actually cost exactly the same. This is what makes up the paradox of roulette.
As hard as it is to believe, people that distribute chips around the table actually lose at the same rate as those who bet single numbers or groups. Betting multiple chips on one combination is identical to splitting the bet on individual numbers. For example, $10 on the line between seventeen and twenty will return the same amount as $5 straight up on seventeen and $5 straight up on twenty. This is also true for multiple combinations. A six-number bet for $10 returns the same as two $5 street bets. Betting $10 on a dozen returns the same as two sixes for $5 each.
There is nothing wrong with spreading bets around, although there is nothing right about it either. In the long run it doesn’t make any difference. This is true for combinations, multiple straight bets, and for every other roulette wager. For example, $10 on a single number may seem riskier and costlier than $10 on even money, but in the long run they have the same cost.
Of course, no result is ever exactly average. That’s the draw and the heartbreak of roulette. Normal streaks of winning and losing convince some people to think that particular bets or combinations of bets will win more than others. Some bets do win more frequently, but on average, none of the bets win more than any other bet.
A popular betting strategy is to cover adjoining sections of the wheel. If the ball falls anywhere in the covered sections then you are assured a win. One example of this would be betting 1-6, 13-24, and 31-36. Statistically the results would be identical to betting on two groups of twelve. However it can be psychologically pleasing to know that a one slot difference will rarely make you a loser, or a winner for that matter.
The opposite if this strategy is betting numbers that are spread around the wheel. Where ever the ball lands you have a chance of winning. The ultimate example of this is simple betting one of the even money propositions, but there are many more complicated systems, including one known as Shotwell. It’s a progression that uses a combination bet on 1-6 and straight bets on 8, 10, 20 and 26. The ball will always land on those numbers or near them. You will always win or at least you will have the comfort of knowing that you were close, even as your chips are taken by the dealer.